{"id":777008911,"date":"2023-09-04T08:40:57","date_gmt":"2023-09-04T11:40:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008911"},"modified":"2026-04-22T18:25:49","modified_gmt":"2026-04-22T21:25:49","slug":"paradise-co-casino-revenue-up-24-5-in-august","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/paradise-co-casino-revenue-up-24-5-in-august","title":{"rendered":"Paradise Co casino revenue up 24.5% in August"},"content":{"rendered":"\n

Casino revenue was KRW78.37bn (US$59.5m) in August.<\/p>\n\n\n\n\n\n\n\n

South Korea.- Paradise Co <\/strong>has shared its financial results for August. Revenue was up 24.5 per cent when compared to the previous month<\/a> at KRW78.37bn (US$59.5m). In year-on-year terms, revenue was up 55.3 per cent.<\/p>\n\n\n\n

The casino operator\u2019s table games revenue rose 25.1 per cent month-on-month and up 54.4 per cent on year-on-year terms to KRW73.93bn (US$57.17m). Gaming machine revenue was up 66.9 per cent year-on-year and up 15.3 per cent sequentially to KRW4.44bn (US$3.43m).<\/p>\n\n\n\n

The company\u2019s table drop \u2013 the amount of cash exchanged for chips by customers at the table \u2013 reached KRW571.13bn (US$441m) for August, up 7.8 per cent compared to the previous month and 72.4 on year-on-year terms.<\/p>\n\n\n\n

For the first eight months of the year,\u00a0Paradise Co has reported revenue of\u00a0<\/strong>KRW492.18bn (US$380m), up 176.1 per cent in year-on-year terms. The aggregate table drop was up 245.5 per cent year-on-year to KRW3.37tn. Table drop for the calendar year to August 31 was approximately KRW3.94tn (US$3.04bn), up 201.6 per cent year-on-year.<\/p>\n\n\n\n

See also: <\/strong>Paradise Entertainment revenue up 36.2% in H1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Casino revenue was KRW78.37bn (US$59.5m) in August.<\/p>\n","protected":false},"author":176,"featured_media":16128,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Paradise Co reported robust financial results for August, with casino revenue reaching KRW78.37bn (US$59.5m), marking a 24.5% month-on-month and 55.3% year-on-year increase. Table games revenue and gaming machine revenue also saw significant growth, alongside a substantial rise in table drop, indicating strong operational performance and player engagement.","focusai_entities":"Paradise Co, Paradise Entertainment","focusai_location":"South Korea","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Growth Drivers Analysis","query":"Given the significant year-on-year growth in GGR and table drop, what specific market factors or operational adjustments contributed to Paradise Co's substantial performance increase in August and year-to-date?"},{"label":"Market Outlook & Sustainability","query":"How do Paradise Co's August and YTD financial performance metrics compare to pre-pandemic levels, and what is the projected sustainability of this growth trajectory within the South Korean gaming vertical?"}],"footnotes":""},"categories":[16338,163],"tags":[1705],"class_list":["post-777008911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-paradise-co"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777008911"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008911\/revisions"}],"predecessor-version":[{"id":777008934,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008911\/revisions\/777008934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16128"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777008911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}